Okabena Investment Services Inc. Makes New $337,000 Investment in Donaldson Company, Inc. $DCI

Key Points

• Okabena Investment Services Inc. has made a new investment of $337,000 in Donaldson Company, acquiring 5,025 shares during the first quarter.
• Donaldson Company reported quarterly earnings of $1.03 EPS, exceeding analysts' estimates of $1.02, and showed a 4.8% revenue growth year-over-year.
• Donaldson has declared a quarterly dividend of $0.30, reflecting an annualized dividend of $1.20 and a yield of 1.5%.

Okabena Investment Services Inc. bought a new position in Donaldson Company, Inc. (NYSE:DCI - Free Report) during the first quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 5,025 shares of the industrial products company's stock, valued at approximately $337,000.

Several other institutional investors also recently modified their holdings of the business. Kayne Anderson Rudnick Investment Management LLC lifted its holdings in Donaldson by 75.3% during the first quarter. Kayne Anderson Rudnick Investment Management LLC now owns 3,330,602 shares of the industrial products company's stock worth $223,350,000 after acquiring an additional 1,430,120 shares during the period. Fiduciary Management Inc. WI increased its position in shares of Donaldson by 13.1% during the 1st quarter. Fiduciary Management Inc. WI now owns 2,499,756 shares of the industrial products company's stock valued at $167,634,000 after purchasing an additional 290,477 shares during the last quarter. Dimensional Fund Advisors LP raised its stake in shares of Donaldson by 12.6% during the 1st quarter. Dimensional Fund Advisors LP now owns 1,818,227 shares of the industrial products company's stock worth $121,926,000 after purchasing an additional 202,746 shares during the period. Fuller & Thaler Asset Management Inc. boosted its holdings in shares of Donaldson by 0.3% in the 1st quarter. Fuller & Thaler Asset Management Inc. now owns 1,598,281 shares of the industrial products company's stock worth $107,181,000 after buying an additional 4,041 shares during the last quarter. Finally, Close Asset Management Ltd grew its position in Donaldson by 27.9% during the first quarter. Close Asset Management Ltd now owns 1,298,164 shares of the industrial products company's stock valued at $87,074,000 after buying an additional 283,060 shares during the period. 82.81% of the stock is owned by institutional investors.

Donaldson Price Performance

Donaldson stock opened at $82.19 on Thursday. The firm has a market capitalization of $9.58 billion, a P/E ratio of 27.58, a PEG ratio of 1.85 and a beta of 0.99. Donaldson Company, Inc. has a one year low of $57.45 and a one year high of $83.31. The company has a debt-to-equity ratio of 0.44, a current ratio of 1.94 and a quick ratio of 1.24. The business has a fifty day moving average price of $71.88 and a 200-day moving average price of $69.03.

Donaldson (NYSE:DCI - Get Free Report) last released its quarterly earnings data on Wednesday, August 27th. The industrial products company reported $1.03 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.02 by $0.01. Donaldson had a return on equity of 28.86% and a net margin of 9.94%.The company had revenue of $980.70 million for the quarter, compared to analyst estimates of $951.59 million. During the same period in the previous year, the company posted $0.94 EPS. The firm's revenue for the quarter was up 4.8% compared to the same quarter last year. Donaldson has set its FY 2026 guidance at 3.920-4.080 EPS. As a group, equities research analysts forecast that Donaldson Company, Inc. will post 3.64 EPS for the current year.

Donaldson Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, August 27th. Stockholders of record on Tuesday, August 12th were given a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date was Tuesday, August 12th. Donaldson's dividend payout ratio (DPR) is 40.27%.

Analysts Set New Price Targets

Several analysts have commented on DCI shares. Wall Street Zen lowered shares of Donaldson from a "buy" rating to a "hold" rating in a research report on Saturday, July 5th. Morgan Stanley restated an "underweight" rating and set a $69.00 price target (up previously from $65.00) on shares of Donaldson in a research note on Friday, June 6th. Finally, Robert W. Baird upped their price objective on Donaldson from $76.00 to $78.00 and gave the company an "outperform" rating in a research note on Wednesday, June 4th. One research analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of "Hold" and a consensus price target of $70.00.

About Donaldson

Donaldson Company, Inc manufactures and sells filtration systems and replacement parts worldwide. The company operates through three segments: Mobile Solutions, Industrial Solutions, and Life Sciences. Its Mobile Solutions segment provides replacement filters for air and liquid filtration applications, such as air filtration systems; liquid filtration systems for fuel, lube, and hydraulic applications; exhaust and emissions systems and sensors; indicators; and monitoring systems.

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